Crackdown

Germany Takes Aim at Money Laundering with Aggressive Action Against Hawala Payment System

4 days ago

In a significant move to clamp down on financial crimes, the German government has announced a stringent crackdown on the Hawala payment system, which is often used as an informal method for transferring money outside of the traditional banking system. This decision comes amid growing concerns regarding the link between such informal networks and money laundering, particularly as Germany seeks to bolster its defenses against financial illicit activities.

SEC Takes a Stand: Blackstone, KKR, Apollo and Others Fined in Texting Crackdown

3 months ago

In a significant development in the investment management sector, the U.S. Securities and Exchange Commission (SEC) announced hefty fines against several major private equity firms, including Blackstone, KKR, and Apollo Global Management, for violating record-keeping regulations. This enforcement action is part of a broader effort by the SEC to address communication practices that do not align with regulatory standards.

Climate Activism Faces New Challenges in a Risky Landscape

5 months ago

In a rapidly evolving global context, climate activists find themselves in increasingly precarious situations, especially in the wake of governmental crackdowns and a rise in right-wing populism. This complicated environment poses significant risks, not only to the effectiveness of climate advocacy but also to the personal safety of those actively involved.